# PPP loan: GULF SHORE TEL-COM
> **$402K** approved 04/10/2020 · Paid in Full · Loan `1190587107`
## Borrower
- **Name:** GULF SHORE TEL-COM
- **Address:** 13500 FM 753, ATHENS, TX, 75751-8857
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $395K (98%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Jobs reported:** 40
## Lender
- **Originating:** VeraBank, National Association
- **Servicing:** VeraBank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*